Natural Gas Trend Today Technical Analysis for 03-12-2019 19:00:04

by wealthmann

December 3, 2019

25

In 1 hour chart Natural Gas price continues to trade at 173.3 and below the (Exponential Moving Average)EMA200 value of 180.249 and keeps its stability below until now, while 1 hour MACD Of 12,26,9 is in Buy mode. Therefore, we will keep our Sell overview conditioned by the price stability below

However, if Natural Gas continues to trade below level, that could be an extraordinarily Bearish sign for Natural Gas

Even so, the 200-candle Exponential moving average (EMA) price range of 180.249 is proving a tough nut to crack.

Pivot (invalidation): 167.767

Our preference: Long positions above 170.833

Alternative scenario: Below 164.933 look for further downside.

Support Resistance Levels For Natural Gas Today at 03-12-2019 19:00:04

Pivot: 167.767

Resistance 1: 170.833

Resistance 2: 173.667

Resistance 3: 176.733

Support 1: 164.933

Support 2: 161.867

Support 3: 159.033

Yesterday High Low Close For Natural Gas

Yesterday High: 170.6

Yesterday Low: 164.7

Yesterday Close: 168

Today at 03-12-2019 19:00:04 Natural Gas trading at 173.3 with high of 174.5 and low of 168.4